
GLD SPDR Gold Shares Weekly Chart Analysis: 2026-Oct-02 07:06 CT
Price Action
- Last: 376.88,
- Bars: Medium,
- Mom: average.
WSFG Weekly
- Short-Term
- WSFG Current: NA%
- F0%/NTZ' Bias: Price Bearish,
- WSFG Trend: DTrend.
MSFG Month Oct
- Intermediate-Term
- MSFG Current: NA%
- F0%/NTZ' Bias: Price Neutral,
- MSFG Trend: Neutral.
YSFG Year 2026
- Long-Term
- YSFG Current: NA%
- F0%/NTZ' Bias: Price Bearish,
- YSFG Trend: UTrend.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: DTrend,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt low 376.88,
- 4. Pvt. Next: Pvt high 411.82,
- 5. Levels R: 492.15, 429.42,
- 6. Levels S: 376.88, 363.32, 360.12, 291.78, 272.58.
Weekly Benchmarks
- (Short-Term) 5 Day: 401.94 Down Trend,
- (Short-Term) 10 Day: 397.58 Down Trend,
- (Intermediate-Term) 20 Day: 394.55 Down Trend,
- (Intermediate-Term) 55 Day: 388.16 Up Trend,
- (Long-Term) 100 Day: 349.34 Up Trend,
- (Long-Term) 200 Day: 272.95 Up Trend.
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Bearish,
- Long-Term: Bullish.
Key Insights Summary
GLD’s weekly structure reflects a sharp countertrend decline within a still-established long-term advance. Futures-oriented swing context is short-term bearish: price is below the 5-, 10-, 20-, and 55-week benchmarks, the pivot and HiLo trends are DTrend, and the latest pivot low is 376.88. The annual F0/NTZ area near 400 has shifted from support to overhead reference, while 411.82 is the next pivot-reversal threshold. The 363.32-360.12 support cluster is the key nearby downside structure. Longer-cycle conditions remain constructive because the 55-, 100-, and 200-week averages retain rising trends, but the rejection from 492.15 and lower-high sequence from 429.42 characterize the present phase as a weekly corrective swing rather than a renewed upside continuation.
Chart Analysis ATS AI Generated: 2026-10-02 07:06 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.